Fraud and disputes related to immovable property in India are serious challenges associated with Indian Realty. Many of over 100 laws governing various aspects of real estate in India were enacted in the 19th century and later made contemporary by the Government of India through various amendments. Disputes arising from property transaction and variety of other property and land related legal disputes and problems are astounding in India. The ignorance on the part of the investors, buyers, promoters, purchasers regarding land and landed property laws and legal rights have made them victims of property scams and fraudulent actions.
The high proportion of cases filed in property matters goes to show that scrutiny and drafting of various legal property documents are thrust areas of property management. Varied forms of disputes can be associated with property related dispute matters including: agreement disputes, boundary disputes, dispute over division of property, dispute over property rights.
Investments in this sector may range from a few lakhs to several thousand crores, and stakes are really high. The strength of Builders is reflected by the fact that in India they are happily listed in the Stock Exchanges today! With a vast amount of land area in India remaining untapped, a composite publication on property law in the Indian legal system has a great potential for current and future projects. This is a key reference material covering laws relating to property, land reforms, operative, procedural law also includes Acts of major Indian States covering various types of properties, their transfer, documentation and conveyance.
Features
- An introduction to the basic structure of land holdings and emerging land reforms in India for an insight for the readers, researchers, practitioners and investors.
- An insight to the revolutionary endeavour of the Government of India to computerize the land records with current position in States for ready reference.
- Contemporary policies of planned development, existing status of let out properties with proposed modifications in the Rent Laws in the States.
- Discussion on elementary concepts of title and interest in immovable property with steps and modes of transfer.
- Guidelines for Non-Resident Indians with important notifications issued by the Reserve Bank of India under FEMA.
- Policy for foreign investments in Real Estate in India and advent of the Special Economic Zones.
- Relevant Building Regulations issued by the National Disaster Management Division of Ministry of Home Affairs, Government of India.
- Important judgments pronounced by the Hon'ble Supreme Court of India on the subject covering various topics with special reference to the Consumer Protection Act, 1986.
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